Education
About Us
Working with TipRanks
Follow Us
PennyMac Mortgage (PMT)
NYSE:PMT
Earnings Data
Report Date
Jul 30, 2025TBA Not Confirmed
Period Ending
2025 (Q2)Consensus EPS Forecast
0.37Last Year’s EPS
0.17Same Quarter Last Year
Based on 7 Analysts Ratings
Earnings Call Summary
Earnings Call Date:Apr 22, 2025
|% Change Since: -7.49%
|Next Earnings Date:Jul 30, 2025
Earnings Call Sentiment|Neutral
The earnings call presented a balanced perspective with notable achievements in securitizations and risk management practices, but also highlighted significant challenges due to interest rate volatility and a net loss. The commitment to maintaining dividend stability and increasing retention in correspondent production were positive aspects, while declines in loan volume and MSR fair value were concerning.Company Guidance
During PennyMac Mortgage Investment Trust's first quarter 2025 earnings call, the company reported a net loss of $1 million to common shareholders, with diluted earnings per share at negative $0.01. Despite this loss, the company declared a common dividend of $0.40 per share for the first quarter. The book value per share as of March 31st was $15.43, a slight decline from the previous quarter. PMT emphasized its robust risk management practices, including interest rate hedging and non-mark-to-market financing arrangements, which helped navigate the volatile interest rate environment. The company's diversified investment strategy includes significant investments in mortgage servicing rights (MSRs) and credit risk transfer (CRT) transactions, which continue to perform well due to low expected prepayments and strong consumer credit strength. PMT successfully completed three securitizations totaling $1 billion in unpaid principal balance, retaining $94 million in new investments with expected returns on equity in the mid-teens. Looking forward, the company plans to maintain a consistent securitization cadence, aiming for one non-owner-occupied loan securitization per month and one jumbo loan securitization per quarter. The company's current run rate reflects a quarterly average of $0.35 per share, slightly down from the previous quarter, with potential for improvement if the yield curve steepens.Successful Securitizations
Completed three securitizations of investor loans totaling $1 billion in unpaid principal balance, retaining $94 million in new investments with returns on equity expected to be in the mid-teens.
Strong Risk Management
Diversified investment portfolio, efficient cost structure, and strong risk management practices, including interest rate hedging program and unique non-mark-to-market financing arrangements.
Dividend Stability
PMT declared a first quarter common dividend of $0.40 per share despite market challenges.
Increased Retention in Correspondent Production
PMT retained 21% of total conventional correspondent production in the first quarter, up from 19% in the fourth quarter.
PMT Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
PMT Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
Apr 22, 2025 | $13.21 | $12.29 | -6.96% |
Jan 30, 2025 | $12.48 | $13.17 | +5.53% |
Oct 22, 2024 | $12.83 | $12.69 | -1.09% |
Jul 23, 2024 | $13.20 | $12.15 | -7.95% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does PennyMac Mortgage (PMT) report earnings?
PennyMac Mortgage (PMT) is schdueled to report earning on Jul 30, 2025, TBA Not Confirmed.
What is PennyMac Mortgage (PMT) earnings time?
PennyMac Mortgage (PMT) earnings time is at Jul 30, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is PMT EPS forecast?
PMT EPS forecast for the fiscal quarter 2025 (Q2) is 0.37.